Author: Teresa Hartford

Michel Perraudin (57), member of the adidas-Salomon Executive Board, responsible for Global Human Resources, Key Projects and Corporate Services, will leave the Executive Board of adidas-Salomon AG effective March 31, 2005 to allow him to allocate more ti

Chelsea Football Club and adidas today announced an eight-year sponsorship agreement. Under the terms of the agreement, which comes into effect for the 2006/7 season, adidas will become the Official Sportswear Supplier, Official Product Supplier and Offi

PUMA and the Senegalese Football Association (Fédération Sénégalaise de Football, SFA) today, mutually announced a long-term agreement that will see the 2002 African Cup of Nations finalists and World Cup quarterfinalists endorse the PUMA brand beyond the

The expected benefit from holiday gift card redemptions helped boost January U.S. retail sales numbers as consumers cashed in the cards and took advantage of the traditional January clearance period. While nasty weather in much of the East kept people at

K-Swiss Inc. saw its business with Foot Locker, Inc. come back in the fourth quarter, a trend that appears to be continuing as the world’s-largest-athletic-specialty-retailer boosts the brand’s backlog position for the first half of 2005. With the help o

Amer Group's net sales in fourth quarter declined 1.7% to €261.0 million ($338.3 mm) from €265.4 million ($316.0 mm) in the year-ago period. Full year net sales declined 3.2% to €1.06 billion ($1.32 bn), compared to €1.09 billion ($1.24 bn) in 2003.

Skechers U.S.A., Inc. pre-announced it is expecting fourth quarter revenues to be in excess of $200 million, at least 8% above the high end of the company's previous guidance of $175 to $185 million. SKX further expects Q4 results per share to be bet

Rebel Sports, Australia’s largest sporting goods chain, reported that fiscal 2004/05 first half sales increased 4.4% to AU$162.0 million ($118.9 mm). The company said that the rugby world cup, which occurred during the first half of fiscal 2003-04, booste

Wolverine World Wide, Inc. played up the World Wide in its name in both the fourth quarter and the year as the International business increased to 27% of consolidated sales, compared to 25% of sales in the prior year, and pre-tax earnings for the Internat

The class action bandwagon against Huffy Corp. is getting full after an initial class action suit was filed last wee alleging that Don Graber, Timothy Howard, Robert Lafferty and Paul D'Aloia, all current or former Huffy officers and directors, fail

Several law firms that specialize in class action suits have piled onto the initial shareholder class action lawsuit against Gander Mountain, claiming certain officers and directors within the company had prior knowledge about factors that devalued GMTN s

Six U.S. golf manufacturers, including Acushnet, Callaway, Cleveland, Ping, Nike, and TaylorMade-adidas, struck a blow against counterfeiters in the Southern Chinese cities of Dongguan, Changan, and Guangzhou…

Greg Norman Collection announced Core Golf sales increases of 19% with operating profits up over last year as well. Additionally, Q4 Core Golf sales jumped 22%, marking the 8th consecutive quarter of double-digit sales growth in the Green Grass segment. C

Nautilus finished off its “turnaround” year with a 51.1% jump in Q4 earnings, from $9.4 million, or 28 cents per share in 2003 to $14.2 million, or 42 cents per diluted share in the most recent quarter. These earnings were driven by an 11.0% increase in f

Gildan Activewear is closing its Long Sault, Ontario and Montreal, Quebec yarn-spinning facilities. The majority of the equipment will be transferred to a new leased yarn-spinning facility in Clarkton, North Carolina, which will be operated by the company